Tuesday, November 12, 2013

91.5 million Americans have abandoned working for a living...

A record high 91,541,000 Americans did not participate in the labor force this October.
According to data
from the Bureau of Labor Statistics (BLS), 932,000 people dropped out
of the labor force last month, from at total of 90,609,000 in September
to 91,541,000 in October.
The BLS defines
a person “[n]ot in the labor force” as age 16 and older who are not
employed and not considered to be unemployed as they have not looked for
work in the four weeks prior to the survey.